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Segment Information (Tables)

6 Months Ended

Jun. 30, 2025

Segment Reporting [Abstract]

Reconciliation of Assets from Segment to Consolidated

The following table presents total assets at the division level:

			June 30, 2025						December 31, 2024
			(Dollars in millions)
Seaborne			$	2,455.2					$	2,465.3
U.S. Thermal			1,309.3						1,346.9
Corporate and Other			1,998.9						2,141.5
Total assets			$	5,763.4					$	5,953.7

Reportable Segment Results

Segment results were as follows:

			Three Months Ended June 30, 2025
			Seaborne Thermal						Seaborne Metallurgical						Powder River Basin						Other U.S. Thermal						Corporate and Other						Consolidated
			(Dollars in millions)
Revenue			$	195.1					$	252.2					$	275.7					$	155.1					$	12.0					$	890.1
Less Significant Segment Expenses:
Labor costs			37.7						61.3						52.9						48.9
Repair costs			29.0						41.4						32.6						39.6
Outside services			26.9						85.8						28.8						37.6
Commodities expense			19.9						12.6						35.8						17.7
Sales related costs			44.8						58.7						73.9						9.4
Other expenses (1)			3.3						1.6						8.7						(11.6)
Adjusted EBITDA			33.5						(9.2)						43.0						13.5						12.5						93.3
Additions to property, plant, equipment and mine development			9.6						72.9						5.5						5.4						0.8						94.2
Loss from equity affiliates			—						—						—						—						0.9						0.9

			Three Months Ended June 30, 2024
			Seaborne Thermal						Seaborne Metallurgical						Powder River Basin						Other U.S. Thermal						Corporate and Other						Consolidated
			(Dollars in millions)
Revenue			$	307.5					$	294.3					$	221.9					$	202.0					$	16.3					$	1,042.0
Less Significant Segment Expenses:
Labor costs			41.4						52.4						49.5						55.1
Repair costs			36.0						43.5						26.1						35.8
Outside services			31.3						54.7						26.0						36.4
Commodities expense			22.5						15.9						34.4						19.8
Sales related costs			52.6						62.0						60.3						12.1
Other expenses (1)			19.3						(77.8)						7.8						7.4
Adjusted EBITDA			104.4						143.6						17.8						35.4						8.5						309.7
Additions to property, plant, equipment and mine development			18.2						75.8						7.5						2.8						1.3						105.6
Loss from equity affiliates			—						—						—						—						1.3						1.3

			Six Months Ended June 30, 2025
			Seaborne Thermal						Seaborne Metallurgical						Powder River Basin						Other U.S. Thermal						Corporate and Other						Consolidated
			(Dollars in millions)
Revenue			$	460.2					$	472.3					$	551.3					$	323.8					$	19.5					$	1,827.1
Less Significant Segment Expenses:
Labor costs			72.8						116.3						102.7						99.1
Repair costs			53.8						88.4						64.1						73.7
Outside services			53.7						157.9						59.9						73.4
Commodities expense			39.0						26.0						74.5						37.2
Sales related costs			99.4						112.7						149.2						19.4
Other expenses (1)			23.8						(33.0)						21.6						(25.4)
Adjusted EBITDA			117.7						4.0						79.3						46.4						(10.1)						237.3
Additions to property, plant, equipment and mine development			18.1						126.1						9.4						10.0						1.0						164.6
Loss from equity affiliates			—						—						—						—						7.6						7.6

			Six Months Ended June 30, 2024
			Seaborne Thermal						Seaborne Metallurgical						Powder River Basin						Other U.S. Thermal						Corporate and Other						Consolidated
			(Dollars in millions)
Revenue			$	591.4					$	541.3					$	476.0					$	393.6					$	23.3					$	2,025.6
Less Significant Segment Expenses:
Labor costs			79.1						101.7						101.3						108.0
Repair costs			73.9						76.2						61.0						68.2
Outside services			62.3						109.3						57.9						73.0
Commodities expense			46.4						31.6						75.5						39.1
Sales related costs			104.7						114.0						130.1						25.7
Other expenses (1)			26.8						(83.4)						16.0						(2.3)
Adjusted EBITDA			198.2						191.9						34.2						81.9						(36.0)						470.2
Additions to property, plant, equipment and mine development			32.7						115.2						12.5						5.1						1.5						167.0
Loss from equity affiliates			—						—						—						—						5.0						5.0

(1)    Other expenses for the mining operations primarily include lease expense; non-sales related taxes; insurance expense; joint facility charges; and credits related to the capitalization of costs to the balance sheet. For the three and six months ended June 30, 2024, the Seaborne Metallurgical segment includes $80.8 million related to the portion of the Shoal Creek insurance recovery that was applicable to incremental costs and business interruption recoveries.

Reconciliation of Consolidated (Loss) Income from Continuing Operations, Net of Income Taxes to Adjusted EBITDA

A reconciliation of consolidated (loss) income from continuing operations before income taxes to Adjusted EBITDA follows:

			Three Months Ended June 30,												Six Months Ended June 30,
			2025						2024						2025						2024
			(Dollars in millions)
(Loss) income from continuing operations before incomes taxes			$	(28.3)					$	250.2					$	14.9					$	316.0
Depreciation, depletion and amortization			93.4						82.9						185.5						162.7
Asset retirement obligation expenses			13.8						12.9						27.4						25.8
Restructuring charges			3.5						0.1						5.2						0.2
Transaction costs related to business combinations			18.8						—						21.2						—
Provision for NARM loss			—						1.9						—						3.7
Shoal Creek insurance recovery - property damage			—						(28.7)						—						(28.7)
Changes in amortization of basis difference related to equity affiliates			(0.8)						(0.3)						(1.4)						(0.7)
Interest expense, net of capitalized interest			11.1						10.7						22.6						25.4
Interest income			(13.8)						(16.8)						(29.2)						(36.0)
Unrealized (gains) losses on foreign currency option contracts			(4.1)						(2.4)						(8.4)						3.3
Take-or-pay contract-based intangible recognition			(0.3)						(0.8)						(0.5)						(1.5)
Total Adjusted EBITDA			$	93.3					$	309.7					$	237.3					$	470.2

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Reconciliation Of Adjusted Ebitda To Consolidated Income From Continuing Operations Net Of Income Taxes.

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Tabular disclosure of all significant reconciling items in the reconciliation of total assets from reportable segments to the entity's consolidated assets.

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-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-31

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